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GPL at R1.80 is trading at a discount to book value, but the real question is whether management can arrest…by @bayman_jse on $GPL

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Bayman@bayman_jse·Neutral

GPL at R1.80 is trading at a discount to book value, but the real question is whether management can arrest the revenue decline in their core furniture division. Yield is decent around 6% if they maintain the payout, but without growth momentum the capital appreciation upside sta

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